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  • April 21, 2014
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Results 1 - 10 of 198 for financial industry

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  1. Business - Companies - EARNINGS

    Tencent aims to work with regulator on online financial services market

    Posted Mar 19th 2014, 06:17pm by BIEN PEREZ

    ... The more, the merrier." President Martin Lau Chi-ping said the online financial services market was a new industry segment which the regulator wanted to better understand. He described mobile ... Bien Perez bien.perez@scmp.com Mainland's largest listed internet company pledges to work with central bank to ensure online financial services are better regulated Tencent backs push ...

  2. Business - Banking & Finance - EARNINGS

    BEA beats rivals with impressive financial results

    Posted Mar 10th 2014, 05:59am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Clean balance sheet and good growth makes BEA the stand-out bank in this results season BEA beats rivals with impressive financial results Bank of East Asia ... results were boosted by an accounting change reflecting a capital gain in its China subsidiary Industrial Bank, but otherwise analysts argue that it faces flat income growth. An emerging economic ...

  3. Business - China Business - EARNINGS

    Shanghai Industrial net profit drops 21.5pc

    Posted Apr 01st 2014, 01:20am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Real estate earnings tumble 57.5 per centbut overall profit still beats market forecasts Shanghai Industrial property takes hit Shanghai Industrial saw ... half of this year, the company expected to book a taxed profit of HK$1.2 billion from the sale of Lot E in Qingpu. Excluding the disposal gains from Lot G, Shanghai Industrial's net profit ...

  4. Business - Companies - EARNINGS

    Prada expects sales to slow as demand in Europe eases

    Posted Apr 03rd 2014, 05:16am by Bloomberg

    ... in Europe. Same-store sales would rise at a "low single-digit" pace during this financial year to January, Milan-based Prada said yesterday, lower than last year's 7 per cent increase. ... in Prada's price points." Prada's outlook is in keeping with the broader luxury goods industry, where growth is being pegged back by softening demand in Europe and Asia, and the strength ...

  5. Business - Companies - EARNINGS

    Hardware sector to remain a drag on IBM as quarterly revenue hits 5-year low

    Posted Apr 18th 2014, 01:17am by Reuters

    ... hardware business," chief financial officer Martin Schroeter said on a conference call. Revenue in the Americas fell 4 per cent, while revenue dropped 12 per cent in Asia-Pacific and declined ...

  6. Business - China Business - EARNINGS

    Tenwow targets rural markets on mainland after profit jumps 29.7pc

    Posted Mar 26th 2014, 06:34am by Keira Lu Huang

    ... village in China." Chief financial officer Boris Lam Hang said the company would invest 200 million yuan in expanding production this year, with a further investment of up to 400 million yuan next year. The firm started building an industrial park in Chengdu, Sichuan province, and a Tetra Pak production line in Wuhan, Hubei province, last year. It is now preparing for another ...

  7. Business - Banking & Finance - EARNINGS

    Agricultural Bank on target with 14.5pc profit jump

    Posted Mar 26th 2014, 05:29am by KANIS LI

    ... this year," said Kenny Tang Sing-hing, a general manager at AMTD Financial Planning. The bank was the first of the mainland's Big Four to announce annual results this week. The other three are expected to report their slowest profit growth since the global financial crisis in 2008 amid shrinking margins and surging bad-loan write-offs. Bank of China reports today, Industrial ...

  8. Business - China Business - EARNINGS

    China Life Insurance gears up to tackle slowing market

    Posted Mar 27th 2014, 12:58am by Kwong Man-ki

    ... growth slowed to 0.8 per cent, after growing 8.7 per cent in the first half. A 2.2 per cent growth in new business value also lagged behind industry rivals. Chairman Yang Mingsheng said the firm ... The company would also look for investment opportunities in overseas equities markets, chief financial officer Yang Zheng said, adding that fixed-income investment would remain a major part ...

  9. Property - Hong Kong & China - EARNINGS

    Hopson Development profit soars but still underperforms

    Posted Mar 28th 2014, 01:41am by Langi Chiang

    ... Development's underlying profit and revenue rose last year, but the company underperformed the mainland property market with weak sales and strained liquidity, keeping it vulnerable to a new industry ... by its rivals, Hopson saw a 3.2 per cent decline in contracted sales, while its average selling price dipped 0.3 per cent. Chief financial officer Xie Baoxin attributed the underperformance ...

  10. Property - Hong Kong & China - EARNINGS

    Apex Benchmark attacks Midland management over record loss

    Posted Apr 02nd 2014, 05:47am by Sandy Li

    ... executive director, as financial consultant. Mau said Midland's rebates shot up nearly 82 per cent to HK$311 million in the second half of last year. "Incentives to buyers went up ... by an increase in new home sales, an industry norm. Higher rental expenses, it said, were required to maintain a certain scale of branch network to fend off rivals. The firm also said Tang had received ...




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